New stock news | SaaS solution provider XiaoeTong delivers documents to HKEx, introducing Tencent and other companies to invest in shares.

According to the disclosure by the Hong Kong Stock Exchange on August 22nd, Xiaoe Inc. (referred to as "Xiaoe Tong") has submitted an application for listing on the main board of the Stock Exchange, with CICC as its exclusive sponsor. Since its establishment, the company has successfully attracted investments from well-known and influential institutions or companies such as Tencent. The prospectus reveals that Xiaoe Tong is a leading product-driven SaaS solution provider in the field of private domain operations, empowering enterprises to build, operate, and expand their decentralized e-commerce infrastructure. The company's cloud-based all-in-one solution includes e-commerce, digital marketing, and CRM modules, seamlessly integrating private domain operations from traffic conversion to customer relationship management and from marketing to transaction facilitation into a unified system. By eliminating the inefficiencies and fragmentation of traditional tools, the company empowers enterprises to conduct product marketing and transactions in a scalable, data-driven, and efficient manner. According to the Zhusi Consulting report, based on earnings in 2024, the company ranks first among China's interactive private domain operation solution providers and the top three private domain operation solution providers. Based on the same data source, in terms of revenue, the company is also among the top five fastest-growing private domain operation solution providers in China during the reporting period. Information shows that Xiaoe Tong's intelligent resource scheduling system is built on public cloud infrastructure and can support peak traffic of up to 270,000 requests per second. Its distributed architecture ensures high system availability. The company's platform has been certified with ISO27001 and China's Information Security Level III. In addition, the company has embedded AI in its products to improve operational efficiency, reduce costs, and enhance user experience. According to the Zhusi Consulting report, based on revenue, the market size of China's private domain operation solution market is expected to increase from RMB 11.9 billion in 2024 to RMB 25.8 billion in 2029, with a compound annual growth rate of 16.7%. As a sub-market, based on revenue, the market size of China's interactive private domain operation solution market is expected to increase from RMB 5.2 billion in 2024 to RMB 13.8 billion in 2029, with an accelerated compound annual growth rate of 21.6%. Financially, in the fiscal years ending in 2022, 2023, 2024, and the six months ending on June 30, 2025, the company's revenues were approximately RMB 299 million, RMB 415 million, RMB 521 million, and RMB 306 million respectively. In the same periods, the annual/periodic losses were approximately RMB 33.99 million, RMB 37.04 million, RMB 15.08 million, and RMB 5.82 million respectively.